“Economic erosion, yes. Monetary depreciation, yes. Recession? Yes. Collapse? Because of the price of gold as a trigger? I don’t see why. Not so far. Gold’s price tells gold bugs the system is rigged. But we believe that without a rising price of gold. For most gold bugs, a falling price of gold testifies to the rigging. They blame the decline on manipulation. The system is rigged irrespective of the price of gold. The price of gold is not proof of the rigging. The existence of central banks is all the evidence anyone should need. Sadly, it isn’t.”
http://teapartyeconomist.com/2013/08/27/golds-price-matter-central-banks/
Related posts:
Ron Paul: Private Property Is the Essence of Liberty
Wendy McElroy: Let a Thousand Home Businesses Bloom
Aggressive Police Tactics Threaten Innocent Citizens
Don’t Dismiss the Possibility of Gold Confiscation
How to End the Wars - It really is easy and it's been done before
Ron Paul: Haven’t We Already Done Enough Damage in Iraq?
Will IRS Find Your Small Foreign Bank Account?
Foreign asset reporting before FBAR and FATCA: “loyalty questionnaires” for World War II Japanese Am...
Small minds, big ideas: The implications of the IRS targeting anti-tax groups
Magna Carta, Subsistence Culture and Western Civilization's Future
Paul Craig Roberts: The Western Onslaught Against International Law
Stefan Molyneux: The Truth About How The US Will Save Syria
Will the Federal Reserve Taper Off on QE?
Hurricane Sandy and Gas Lines
What To Expect During The Next Stage Of Collapse